Confident Retirement Spending

Yeah, well, this is what we specialize in doing, right? We specialize in retirement planning, creating income and tax planning as well.

So yes, it's important to have these dollars working for you.

So the Federal Reserve reports 67% of adults have assets specifically designated for producing retirement income.

Great.

I love that.

Okay.

Is it actually working for you? Is your account balance alone working for you or is it just sitting there? So again, your account balance alone does not show which dollars are taxable or accessible or volatile or attended for later years as well.

So just because you have those 401ks, the IRAs, or even individual accounts doesn't mean it's actually doing what you need it to do.

And especially when you get into retirement, You need those dollars working for you.

So after decades of saving, you need a withdrawal plan.

That does not mean the retiree and all of you listening out there that you suddenly need to become a market expert.

You do not.

That's what we do here at California Wealth Advisors.

We are professional wealth managers.

And then we will provide you with some guidance here.

So what I want you to do is map out or let us do it.

Your Social Security, your pensions, your taxable accounts, your individual retirement accounts, those IRAs, any Roth accounts that you have, cash reserves and expected spending for the year.

That's your budget.

So the asset sheet and the budget sheet are what I'm talking about here.

And those are both on my Web site.

And I would go there if I was you, CaliforniaWealthAdvisors.com, go into the services tab and print out for yourself that asset sheet and that budget sheet because both of those will do the things I just mentioned.

Put all your assets in one place so you know what you have and then figure out what your budget is.

Figure out what you spend each month so you know, okay, on these investment dollars, I need to create assets.

dollars to satisfy my budget so again that's what we do day in and day out so often people ask me dave what can i bring that first meeting with you they do they do often and i and i like them to bring the asset sheet in the budget sheet and it's good for you much less me but it's very good for you to put all your assets in one place so you know what you have and then figure out how much you spend each month as well.

I think that's, it just tends to bring a lot of comfort for people once they get a plan going for themselves.